NASDAQ 100 INDEX - $NDX
Monthly chart shows index remains well below all its key moving averages for this timeframe. It also remains below the down trendline in place.
Weekly chart shows the bulls showed up in force, taking the index back up to close well above the 8ema. A short term buy signal/pattern is event on this timeframe.
Sunday, February 08, 2009
$NDX Update for 02.08.2009
Posted by TraderZ at 2/08/2009 04:44:00 PM
Labels: $NDX
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